We knew this was coming a year ago, but it's still pretty amazing seeing it actually happen. We can now officially announce that Bill Caswell, Jalopnik's very own $500 Craigslist rally car driver, is getting a Jeremy Renner-produced movie — called "Slingshot" — made about the exclusive story first reported on these pages.

Varietyis reporting that Jeremy Renner, the "Hurt Locker" star, has made a deal with Paramount to produce and star in "Slingshot," an "underdog story set in the high-octane world of rally racing." Renner and Don Handfield will produce through their recently minted production company, The Combine. Handfield will also write the screenplay.

Frankly, we're excited as hell for Bill Caswell and we're proud to have played the role we played in taking his awesome story from a minor side-story in the world of rally racing — to the world of the silver screen.